Рейтинг@Mail.ru
RusEng

News

Moscow realtor convicted of $500 mln embezzlement to be released on parole

12:56 21/05/2018

MOSCOW, May 21 (RAPSI) – Moscow’s Babushkinsky District Court has granted parole for prominent realtor Alexander Konstanitnovsky sentenced to 3 years in prison for embezzling $500 million, the court’s spokesperson Maria Borovikova has told RAPSI.

Konstantinovsky was convicted and sentenced in the fall of 2017.

According to investigators, over 10 years Konstantinovsky acting in collusion with some other unidentified persons and using false documents, registered his ownership of non-residential premises (attics, basements) in the Moscow downtown, often putting pressure on the residents of the buildings.

In 2011, the defendant in his capacity of a realtor could secure ownership of a mansion located in the central part of the Russian capital for a company he controlled. The mansion had been planned to host a museum of collector Igor Vozyakov, who could later settle the ownership dispute in his favor in a commercial court.

The realtor was arrested in April 2016.

Share thisE-mail this articlesubmit newsAdd to blogrss feed
Add to blog
To link to this material, copy the code to your blog.
Publishing code:
Preview:

Moscow realtor convicted of $500 mln embezzlement to be released on parole

12:56 21/05/2018 Moscow’s Babushkinsky District Court has granted parole for prominent realtor Alexander Konstanitnovsky sentenced to 3 years in prison for embezzling $500 million.
Forward news story

All fields are mandatory!

Submit news

All fields are mandatory!

Share this

Top news